Frank Russell launches Alternative Strategies

Frank Russell Company has launched its Alternative Strategies Fund diversified across a number of underlying hedge fund strategies ' primarily those with low correlation to traditional asset classes. Initially, 14 managers have been funded and this number is expected to rise as the funds under management increase. The fund has been designed to deliver returns in the region of 10-15%pa, combined with a significantly lower level of volatility than that offered by traditional equity markets. Th